blockchain gaming

Blockchain Game The Sandbox Security Breach 2023

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The Blockchain Game Warned Users About a False Email

The first Web3 security breach makes headlines in 2023 as the blockchain game Sandbox gets compromised and sends phishing emails to users.

The Sandbox Sends users are at risk of phishing or malware emails after an unauthorized third party gained access to an employee\’s computer.

The popular metaverse firm, The Sandbox, has issued a warning to its community members about a security breach. In their recent blog post, the platform disclosed that an unauthorized third party has successfully evaded its security measures and could have obtained information about its users. The Sandbox has warned its community not to open any suspicious emails that could give attackers access to their digital assets. This is the first significant Web3 breach to make headlines in 2023.

The Sandbox Security Breach

According to the official blog post, the email titled \’The Sandbox Game (PURELAND) Access\’ may have been delivered to the email inboxes of The Sandbox community members. The email has links to malware that can sneakily install itself on users\’ computers and access their data without their knowledge.

The blog post further explains that an employee\’s computer at The Sandbox was unlawfully accessed by a third party. It allowed them to obtain several email addresses to which they sent the email. An unauthorized third party had gained access to the computer of an employee of The Sandbox. This enabled the third party to access a number of email addresses. It then sent an email targeting the community.

The Web3 game ecosystem provider identified the security breach at the end of the previous month. It is now contacting users who may have received a malicious phishing email. People have told these people not to click on the links in the email, which means they shouldn\’t open, play, or download anything.

Addressing the Attack on the Web3 Platform

To address the issue, The Sandbox has blocked the employee\’s accounts and access to their platform. Additionally, it reformatted their laptop, and reset all relevant passwords while requiring two-factor authentication. While the company has not discovered any additional impacts resulting from the breach, they are actively monitoring the situation.

“We have blocked the employee\’s accounts and access to The Sandbox, reformatted the employee\’s laptop, and reset all related passwords including requiring two-factor authentication. We have not identified any further impacts. However, we are working to monitor the situation,” the blog added.

The Sandbox has urged its community members to utilize a trusted antivirus program and reformat any affected systems. In 2018, Animoca Brands, a game software company based in Hong Kong, acquired The Sandbox, a mobile game firm. Moreover, Animoca revamped the platform with a metaverse twist.

In recent times, The Sandbox metaverse has become a popular destination for numerous brands seeking to establish themselves in this new digital realm. For example, in June of last year, New York City\’s famous Times Square announced its virtual address in the metaverse.

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Blockchain Game The Sandbox Security Breach

Other notable entities like Standard Chartered Bank, Dubai\’s virtual assets regulator, Mastercard, and HSBC Bank have also created their virtual spaces within The Sandbox metaverse. Due to the platform\’s success, Animoca Brands has decided to invest more in the metaverse sector and contribute to the growth and adoption of this technology. In December, the company disclosed plans to launch a mega-fund of $2 billion (approximately Rs. 16,260 crore) dedicated to the metaverse business.

Security Measures and Recommendations by Blockchain Platform The Sandbox

The Sandbox has recommended that its users take the following measures to protect their accounts and devices:

Enable two-factor authentication and use strong, unique passwords to enhance the security of their accounts.

Refrain from clicking on hyperlinks in email messages to avoid falling prey to phishing attacks.

Keep their antivirus software up to date and activated on their systems to help prevent malware infections.

Consider reformatting their computer if they suspect they may have been infected with malware.

About The Sandbox Blockchain Game

The Sandbox is an open-world multiplayer game based on blockchain technology that claims over 350,000 active monthly users. The platform enables users to construct, possess, and monetize various interactive data such as virtual worlds, items, and experiences. The game\’s metaverse provides players with numerous income-generating opportunities. Like, as the ability to create pixel art NFTs that players can sell on The Sandbox NFT Marketplace or OpenSea. Players can also earn the platform\’s native \”SAND\” token, which is tradable on leading exchanges like Binance and Coinbase.

The Game Maker is a tool that allows users to create their own games and experiences on the Sandbox platform. It offers a drag-and-drop interface and various pre-built components. Users can combine and customize to create their own unique creations.

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Web3: The YGG Way 2023

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Learning Web3 Skills and Knowledge: The YGG Way

The internet we know has revolutionized the world by penetrating everywhere. We have changed the way we conduct our day-to-day business. Moreover, the way we collaborate, communicate, and connect with people and businesses around the world is a big example of the impact Web2 has on us. However, we live in Web2 surrounded by the internet that is in the hands of only a handful of corporations. So, the centralization of the internet makes us dependent on a few powerful and influential people in the world. On the contrary, its successor Web3 is more immersive, decentralized, and inclusive. It offers decentralization in a way where an average citizen will have ownership and participation rights in the ecosystem.

Although blockchain technology has been in existence for more than ten years, the Web3 movement is still in its nascent phase. The movement saw more followers when Decentralized Finance, also known as DeFi, gained momentum. People from different parts of the world began experimenting with newly launched platforms. The idea was to reinvent some of the financial primitives of the traditional financial system using this innovative technology.

Despite its challenging user experience, the DeFi ecosystem was open to all individuals regardless of their gender, geographic location, or socioeconomic status. But how come people acquired and learned about Web3 skills despite its complexities? Especially, when there is no formal education about Web3 in schools, colleges, and universities, how did people learn about it?

How did the Phillippines acquire Web3 Skills?

The Phillippines is a prime example in this case.

Blockchain games were among the applications that provided a fun way to learn about the system without requiring any prior knowledge of financial primitives.

This led to an unexpected adoption phenomenon in the Phillippines. Individuals in rural areas of the Philippines, who were under lockdown and out of work during the COVID-19 pandemic, turned to blockchain games. They adopted it as a means to generate income and become owners of digital assets.

As a result, these individuals acquired various essential Web3 skills and transformed into proficient users of the technology. As of now, the Philippines holds the second rank on the Chainalysis 2022 Global Crypto Adoption Index. It is among the top three countries worldwide with the most number of users of the MetaMask Ethereum wallet.

This information indicates that blockchain games have served as effective entry points to Web3, enhancing accessibility for those who can reap the most benefits.

The amalgamation of video games and cryptocurrencies has propelled us towards remarkable progress in the finance industry\’s future. It will lead to the emergence of completely new virtual economies in the open metaverse and create new employment opportunities.

Learning Web3 Skills The YGG Way

Yield Guild Games (YGG) is one of the most extensive Web3 gaming guilds. It allows its members to assume roles within the organization without seeking permission. All they need to do is create their YGG Guild Badge, which is a non-fungible token (NFT) representing their membership in the guild. With this badge, they can take part in a number of community-led projects and programs that support YGG\’s mission as a whole.

As guild members make individual advancements, they receive extra NFT badges that acknowledge their accomplishments and reward their hard work. For instance, a guild member may earn an NFT badge for creating informative content, representing the guild in a Web3 e-sports event, or completing a course offered by Web3 Metaversity, a YGG and Nas Academy initiative.

YGG Metaverse Resume

YGG refers to this as the \’metaverse resume.\’ Unlike conventional resumes on platforms such as LinkedIn, where individuals can choose what to include about their experiences and accomplishments. These NFT badges are issued by a credible organization and recorded on the blockchain for transparency and provenance.

As a result, they serve as a permanent, verifiable, and entirely decentralized representation of an individual\’s digital identity and reputation. Additionally, the recipient retains control of these NFT badges in their personal wallet, and they are not held by YGG or any platform we own. Therefore, guild members have full ownership of these digital assets and can even become part-owners in our organization.

When combined with other digital assets that individuals hold, these markers of reputation produce an impartial portrayal of an individual\’s background, accomplishments, and associations.

In the future, the metaverse resume may have the potential to replace existing identification systems. Moreover, it will integrate with other applications to access a variety of on-chain services connected to creating, trading, and communicating.

Practical Benefits

This is significant because verifying identity and demonstrating a positive reputation has been a challenge in certain areas. Such as in the Philippines, where there is a humorous saying that you require a legitimate ID to obtain another legitimate ID.

Filipinos encounter difficulties regarding the issuance, presentation, sharing, protection, and validation of a variety of credentials and qualifications for different uses. Consequently, the system is full of administrative inefficiencies and bureaucratic obstacles that have led to the emergence of intermediaries and counterfeiters who function as gatekeepers, imposing privilege, exploiting weaknesses, and determining the right to engage in society.

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Check out our Top Games and game lists to discover the best play-to-earn games. And don\’t forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you\’ll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.

Gamefi Industry 2023 Trends

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Last year we saw the Gamefi industry taking severe hits and entering a pretty rough patch. Its flagship and super popular games like Axie Infinity and Crypto Blades were floored badly. Their NFTs values went down the drain and came back all the way to floor prices. We also saw big Web2 gaming companies trying to dip their toes in the Web3 waters but had to deal with massive fan backlash. Nonetheless, the Gamefi ecosystem is moving forward making strides despite the crypto winter. However, the important thing evident is that blockchain game developers have learned from their mistakes. Companies are now abandoning the speculative elements and working hard to make games more fun to play. Nonetheless, the gamefi industry has still managed to capture investors’ attention. 

Teknos Associates has identified lucrative opportunities in the blockchain gaming market and predicts an exciting time for the GameFi market in the next 18-24 months. They shared insights into opportunities and trends to watch for in the coming year.

Web3 Indie Games will Follow Specific Trends

Web3 game studios will create games that match popular genres in the Web2 world, with a focus on immersive gameplay. Top genres like Soulslike and MMO games are expected to make their mark on the Web3 gaming scene this year.

We might see a trend following Soulslike games. A \”Soulslike\” is an action RPG subgenre that draws inspiration from the Demon Souls game and its successor, the Dark Souls series, both developed by FromSoftware. This type of game is popular for its tough difficulty, combat system based on skills, and environmental storytelling, often in a dark fantasy world.

Soulslike games, such as Elden Ring, are popular with gamers due to their high level of difficulty, skill-based combat systems, and dark fantasy setting. The new Star Wars Jedi: Survivor and The Lords of The Fallen also feature Soulslike gameplay. After its release in February 2022, Elden Ring reached a peak of nearly one million concurrent players. Moreover, it sold over 17.5 million copies, making it the top-selling Soulslike title. So, we may see developers hopping onto the bandwagon and developing games like it.

MMO Games Trend

The \”last-man-standing\” genre of massively multiplayer online (MMO) games, as seen in Fortnite, continues to lead popularity charts. It has an estimated 2 million to 4 million daily players, so a lot of gamers prefer it. But what about promising MMO games in Web3?

Web3 gaming studios are making significant progress in the MMO space, with Illuvium as a promising example. Self-styled as an \”Interoperable Blockchain Game,\” Illuvium has a multifaceted approach to gameplay, including an auto battler component. Its immersive world and the battle arena will push the boundaries of the genre, and the $72 million raise from selling virtual land highlights public interest ahead of a full release in 2023.

Blockchain gaming is advancing with the emergence of MMO games such as Dark Forest. This space-conquest game implements fully on-chain gameplay and cutting-edge technologies. It uses zero-knowledge proofs (ZKPs), setting the standard for the blockchain gaming industry.

Need for a True Metaverse and Social Layering

The GameFi industry requires a strong metaverse and social layer for its communities. Ubisoft\’s lackluster NFT integration highlighted the necessity of such systems. Ubisoft\’s in-game assets were primarily valued for their secondary NFT sales, which is typical of most GameFi 1.0 projects.

The upcoming Web3 games will benefit from incorporating social layers and immersive environments to provide in-game NFTs with more value beyond the marketplace. Decentraland and Sandbox, as first-generation metaverse games, have already established strong secondary economies through their social and immersive features. Recent data shows that user growth in Decentraland is less tied to price. It suggests that users are increasingly attracted to the inherent value of gameplay and open-source development.

GameFi\’s missing piece is the introduction of innovative independent games that can compete with mainstream AAA titles and appeal to a broader audience. This milestone will occur in the upcoming year, with many of the major blockchain games, such as Big Time and Guild of Guardians, currently in the final stages of development.

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Welcome to PlayToEarnGames.com! Your ultimate destination for all things gaming. Here you will find game reviews, daily news updates, and an extensive list of the latest games. Our goal is to keep you informed and entertained. If you have a game or exciting news that you would like to share, we encourage you to reach out to us. Stay tuned for daily updates and be sure to check back often for new additions to our growing list of games. Let\’s play and earn together!

FTX Bankruptcy and its Effects

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FTX Collapse and its Ongoing Impacts on Blockchain Gaming Industry.

FTX collapse was a big deal in the crypto industry, especially blockchain gaming. We still do see the fallout of FTX collapse in the recent Super Bowl crypto cancellations. So, what is the future of blockchain gaming and those startups planning to launch their blockchain games and projects? The connection between cryptocurrency and gaming is not always simple. Some gamers and gaming businesses have rejected anything linked to blockchain technology and digital currencies. They argue that the environmental impact has not been thoroughly addressed. Moreover, transforming games into investment schemes takes away from the enjoyment of playing.

On the other hand, there are those who are carefully optimistic and are testing the use of NFTs within their games. And there is a smaller faction of highly vocal supporters of cryptocurrency who are deeply dedicated to the creation of blockchain-based games. Among this dedicated and vocal minority is FTX.

At the beginning of this year, FTX revealed its intentions to establish its own gaming division. That is a platform that would allow other companies to release their own tokens and NFTs. FTX also collaborated closely with several cryptocurrency gaming startups to increase its presence in the industry. However, following the FTX crisis, there is uncertainty about the future prospects of these small startups.

FTX Collapse and Blockchain Gaming Future

Although the FTX collapse is a big deal, we see big changes happening in the blockchain gaming industry. Investment is still coming into the sector with many gaming studios working on building AAA blockchain games. However, a growing number of developers and companies are now switching the language dynamics. During the bull run of crypto, people blatantly referred to games as crypto games or NFT games. However, now, a gradual change happening lies in the use of words like ‘underlying technology.’ 

Sam Bankman was of the proponents of using games to bring regular consumers to blockchain technology. However, his role in the spectacular collapse of FTX is also evident. But what about the future of blockchain gaming then? Despite the FTX collapse, many blockchain game developers and companies are confident about the sector’s success. However, many blockchain gaming companies made necessary amendments to their business model after the event. 

However, companies like Gamestop and others that were associated with FTX are in more of a challenge. We see that after FTX collapsed, Gamestop NFT game sales suffered a decline. And it could face more challenges as the FTX name might taint it more. The FTX presence and the failure attached to it have provided setbacks to the industry. Moreover, we might also see a bit of a delay in mainstream acceptance due to the ongoing media trial of FTX. 

But still we see many AAA games, ongoing investments, and new gaming business models rolling out. This year we saw investors showing plenty of confidence in blockchain gaming sector. Moreover, we also have AAA blockchain games ready to roll out in the last quarter of this year. So, plenty to come in blockchain gaming and metaverse after which we will see FTX collapse in the rear view mirror. 

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Welcome to PlayToEarnGames.com! Your ultimate destination for all things gaming. Here you will find game reviews, daily news updates, and an extensive list of the latest games. Our goal is to keep you informed and entertained. If you have a game or exciting news that you would like to share, we encourage you to reach out to us. Stay tuned for daily updates and be sure to check back often for new additions to our growing list of games. Let\’s play and earn together!

Blockchain Gaming Most Active Segment

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According to the Global Gaming Report 2022 by Drake Star, the gaming industry saw significant growth in 2022 despite economic difficulties. The entertainment sector, in particular, experienced tremendous success with impressive numbers..

In 2022, the gaming industry generated an impressive $127 billion through 1320 deals announced and closed. This figure includes Mergers & Acquisitions, Public Markets, and PP. The most notable deal was Microsoft\’s acquisition of Activision, despite the controversies surrounding it. Additionally, Take-Two acquired Zynga, Unity acquired ironSource, and Sony acquired Bungie. The industry also saw significant investment, with companies such as EPIC Games and the blockchain sector raising large sums of money. Download the report.

Record-Breaking Deals and Promising Growth in the Gaming Industry in 2022

The year 2022 saw a number of significant deals in both Mergers and Acquisitions and Private Financings. M&A value experienced a marked increase of 3 times compared to 2021, reaching a total of $102.3 billion. The PC and console gaming led with 83 deals, followed by platform tools with 75 deals. Mobile gaming also saw a significant number of deals, totaling 75. The overall deal volume remained consistent throughout the year. In the blockchain gaming sector, there were 17 M&A deals.

In terms of private placements, a total of 938 deals were completed, amounting to $11.1 billion. The blockchain gaming sector had the highest number of deals, closing 405 deals with a total value of $3.9 billion. PC and console gaming followed with 123 deals, and mobile gaming had 152 deals. Within the blockchain gaming and NFT gaming private placements, Animoca Brands was the top performer. In 2022, Animoca Brands\’ deal value reached $358.9 million with a total valuation of $5358.9 million. The company\’s investors included Liberty City, Sequoia, and Mirae Investment. Other notable companies in this field include Immutable, LootMogul, LimitBreak, and Sky Mavis, among others.

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Drake star Report

Key Takeaways of Q4 of 2022

In the fourth quarter of 2022, M&A activity remained consistent and saw Meta making several acquisitions of VR game developers such as Camufloj, Armature Studio, and Twisted Pixel. These developers have contributed to popular VR games like Resident Evil 4 VR and Iron Man VR.

Furthermore, video streaming giant Netflix ventured into gaming by purchasing Cozy Grove and SpryFox, the developer of Alphabear. Other notable M&A activity in Q4 includes Google\’s acquisition of AI avatar company Alter for $100 million, Playstudios\’ acquisition of mobile game developer Brainium for $93 million, Keyword Studios\’ acquisition of Helpshift for $75 million, and Fandom\’s acquisition of Gamesport, Metacritic, Giant Bomb, and others for $55 million.

In terms of fundraising, the blockchain gaming industry saw Horizon raise $40 million. Traditional gaming companies also had a successful year, with Fenix Games raising $150 million with the intention of using the investment to bring blockchain games to market. Another major fundraising was Homa Games, which raised $100 million in a Series B round led by venture capital firms Quadrille Capital and Headline.

In addition to fundraising, there were also several gaming companies that went public in 2022. Wemade, a blockchain gaming company, raised $50 million through its public offering. Infinite Reality also went public through a SPAC deal with Newbury Street acquisition company. Similarly, Snail Games also made its public debut on Nasdaq with a $190 million valuation, raising $15 million.

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Drake star Report 2022

The gaming industry had a total of 76 deals announced in Q4 of 2022, resulting in $721 million in disclosed deal activity. The PC and console sector had 15 deals and blockchain gaming had 9 deals. North America had the most deals with 31, Europe had 25, and Asia and other regions had 20 deals.

What does the 2022 Gaming Report Predict about 2023?

The report predicts that the gaming industry will continue to see diversification, consolidation, and investment, but at a slower pace. The focus in 2023 will be on AR/VR and AI technologies, but there is also expected to be a significant amount of activity in M&A, particularly within the mobile gaming sector.

The report also notes that Embracer, Sony, Microsoft, Tencent, and T2 will continue to be major acquirers in 2023. Furthermore, the blockchain gaming sector is expected to see an increase in high-quality games as the $13 billion raised in 2022 is utilized. The report predicts that we will see a first consolidation phase in blockchain gaming this year. Overall, the report highlights many positive developments for the gaming industry as a whole and the blockchain gaming sector in particular.

The blockchain sector is also introducing new technology and methods to curb the problem of losing funds via hacking and or personal error. Check out our article on Account Abstraction and how this technology can work in the best interest of investors.

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Blockchain Gaming Predictions 2023, Upcoming AAA Blockchain Games

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Predicting the future can be challenging, especially after the events of the past year. However, we believe that the blockchain gaming industry will see significant changes in 2023. By closely monitoring investment trends and the influx of skilled resources into the Web 3.0 domain, we can make informed predictions about the future of blockchain gaming. In this article, we\’ll share our thoughts on the direction the industry is headed and highlight some of the AAA blockchain gaming projects worth keeping an eye on in 2023. We hope this information will be useful for our gaming community as we move forward into the new year.

The Metaverse and What to Expect in 2023

The concept of the metaverse is still in its early stages and will take time to fully develop. It has been explored in detail in science fiction literature and we expect to see the beginnings of its creation in 2023. This includes the launch of 10G cable networks and the ability for real-time interactions. Many industries will come together to create a more interconnected internet, leading to interoperability, the necessary tools, and the reuse of digital assets. While it will take time for the metaverse to fully materialize, we can expect to see the foundations being laid in 2023.

While the full realization of the metaverse may still be a ways off, you can expect to see elements of it in games like Roblox, Fortnite, PUBG, Minecraft, and Dreams. In addition, the launch of the Meta Quest 3 VR headset in 2023 will bring us one step closer to experiencing a fully immersive metaverse. It\’s likely that various companies will begin developing their own unique metaverses, and we may even see partnerships forming between different companies to create interoperable standards. So, while we may not have a fully realized metaverse just yet, we can expect to see significant progress in the coming year.

Blockchain gaming will bounce back strongly in 2023

Currently, there are only a few fully-released blockchain games that can be considered true AAA titles. Additionally, the reputation of Web 3.0 games has suffered due to scams, rug pulls, uninteresting gameplay, and faulty tokenomics. However, we believe that this is about to change in a significant way. Keep an eye out for new developments in the blockchain gaming industry as we move into 2023.

According to data on venture funding, over half of all funding in Q3 2022 went to veteran game developers with ambitions to create AAA games. These experienced teams are working on as-yet-unreleased blockchain gaming titles that are sure to make a splash in 2023. In addition, the release of new AAA games in Q3 and Q4 of 2023 is expected to change the perception of Web 3.0 gaming. Many industry experts believe that these high-quality games will revitalize the entire Web 3.0 gaming industry. South Korea, in particular, is a region to watch as major gaming companies invest heavily in the Web 3.0 gaming space.

Several top companies in the blockchain gaming industry, with strong teams and substantial funding, are leading the way in 2023. These include Animoca Brands, Sky Mavis, Mythical Games, Sorare, Immutable, Dapper Labs, Gala Games, Lucid Sight, and Double Jump Tokyo. While the \”crypto winter\” had a negative impact on many businesses, it also weed out weaker companies and unviable projects, leaving room for stronger players to emerge.

Upcoming Blockchain Games to Watch in 2023 

While there are many blockchain games in development, many AAA titles have not yet shared much information. However, we have identified some upcoming games that are worth keeping an eye on. These titles are expected to deliver high-quality gameplay and a satisfying experience for players.

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Illuvium Game Series: Illuvium is a series of three games featuring stunning graphics and an open-world fantasy RPG experience. It aspires to be a true AAA game and has drawn inspiration from Pokemon. You can read a beta review of Illuvium Overworld. Keep an eye out for this promising title as it develops. 

If you\’re interested in keeping up with the latest and greatest in the world of blockchain gaming, be sure to check out these upcoming titles in 2023: Guild of Guardians, Big Time, Synergy Land, Phantom Galaxies, Champions Ascension, Medieval Empire Ertugrul, Angelic, Champions Arena, Dissolution, Mirandus, The Walking Dead Empires, Mob Land, and many others. 

Keep visiting our website to check game reviews and game news on these upcoming AAA blockchain games. We do regular blockchain game reviews so you can pick and choose without any haste. Meanwhile, check out our articles on the Immutable X Web 3.0 platform and how well it is performing, PUBG will see NFT integration soon as Banger Games announces the Alpha Test, The Arc8 Blockchain Mobile Gaming Platform performs exceptionally well in 2022; why is that?

Blockchain Gaming Predictions 2023

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Predicting the future can be challenging, especially after the events of the past year. However, we believe that the blockchain gaming industry will see significant changes in 2023. By closely monitoring investment trends and the influx of skilled resources into the Web 3.0 domain, we can make informed predictions about the future of blockchain gaming. In this article, we\’ll share our thoughts on the direction the industry is headed and highlight some of the AAA blockchain gaming projects worth keeping an eye on in 2023. We hope this information will be useful for our gaming community as we move forward into the new year.

The Metaverse and What to Expect in 2023

The concept of the metaverse is still in its early stages and will take time to fully develop. It has been explored in detail in science fiction literature and we expect to see the beginnings of its creation in 2023. This includes the launch of 10G cable networks and the ability for real-time interactions. Many industries will come together to create a more interconnected internet, leading to interoperability, the necessary tools, and the reuse of digital assets. While it will take time for the metaverse to fully materialize, we can expect to see the foundations being laid in 2023.

While the full realization of the metaverse may still be a ways off, you can expect to see elements of it in games like Roblox, Fortnite, PUBG, Minecraft, and Dreams. In addition, the launch of the Meta Quest 3 VR headset in 2023 will bring us one step closer to experiencing a fully immersive metaverse. It\’s likely that various companies will begin developing their own unique metaverses, and we may even see partnerships forming between different companies to create interoperable standards. So, while we may not have a fully realized metaverse just yet, we can expect to see significant progress in the coming year.

Blockchain gaming will bounce back strongly in 2023

Currently, there are only a few fully-released blockchain games that can be considered true AAA titles. Additionally, the reputation of Web 3.0 games has suffered due to scams, rug pulls, uninteresting gameplay, and faulty tokenomics. However, we believe that this is about to change in a significant way. Keep an eye out for new developments in the blockchain gaming industry as we move into 2023.

According to data on venture funding, over half of all funding in Q3 2022 went to veteran game developers with ambitions to create AAA games. These experienced teams are working on as-yet-unreleased blockchain gaming titles that are sure to make a splash in 2023. In addition, the release of new AAA games in Q3 and Q4 of 2023 is expected to change the perception of Web 3.0 gaming. Many industry experts believe that these high-quality games will revitalize the entire Web 3.0 gaming industry. South Korea, in particular, is a region to watch as major gaming companies invest heavily in the Web 3.0 gaming space.

Several top companies in the blockchain gaming industry, with strong teams and substantial funding, are leading the way in 2023. These include Animoca Brands, Sky Mavis, Mythical Games, Sorare, Immutable, Dapper Labs, Gala Games, Lucid Sight, and Double Jump Tokyo. While the \”crypto winter\” had a negative impact on many businesses, it also weed out weaker companies and unviable projects, leaving room for stronger players to emerge.

Upcoming Blockchain Games to Watch in 2023 

While there are many blockchain games in development, many AAA titles have not yet shared much information. However, we have identified some upcoming games that are worth keeping an eye on. These titles are expected to deliver high-quality gameplay and a satisfying experience for players.

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Dissolution

Illuvium Game Series: Illuvium is a series of three games featuring stunning graphics and an open-world fantasy RPG experience. It aspires to be a true AAA game and has drawn inspiration from Pokemon. You can read a beta review of Illuvium Overworld. Keep an eye out for this promising title as it develops. 

If you\’re interested in keeping up with the latest and greatest in the world of blockchain gaming, be sure to check out these upcoming titles in 2023: Guild of Guardians, Big Time, Synergy Land, Phantom Galaxies, Champions Ascension, Medieval Empire Ertugrul, Angelic, Champions Arena, Dissolution, Mirandus, The Walking Dead Empires, Mob Land, and many others. 

Keep visiting our website to check game reviews and game news on these upcoming AAA blockchain games. We do regular blockchain game reviews so you can pick and choose without any haste. Meanwhile, check out our articles on the Immutable X Web 3.0 platform and how well it is performing, PUBG will see NFT integration soon as Banger Games announces the Alpha Test, The Arc8 Blockchain Mobile Gaming Platform performs exceptionally well in 2022; why is that?

The Arc8 Blockchain Mobile Gaming Platform performs exceptionally well in 2022; why is that?

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Today, we\’ll be exploring the continued success of Arc8, a popular mobile blockchain gaming platform that allows players to earn crypto $GMEE through gameplay. Despite the fluctuating trends in the crypto market, Arc8 has managed to maintain its relevance and earn a rating of 4.9 on the Play Store. In this article, we\’ll delve into the specific strategies and features that contributed to Arc8\’s impressive performance in 2022 and how other blockchain gaming platforms can learn from its example.

Arc8\’s Commendable Run Continues in 2022

Arc8 is a mobile gaming platform that puts the needs and enjoyment of players first. Its games are designed to be challenging and require real skill, not just luck, to win. In addition to providing a thrilling and immersive experience, Arc8 also rewards players with $GMEE cryptocurrency for their achievements. The platform offers a wide range of casual and indie games, as well as events and tournaments for players to compete against one another. With over 40 million users worldwide and billions of gameplays under its belt, Arc8\’s parent company GAMEE has established itself as a leader in the play-and-earn gaming industry.

Arc8 Stats and Numbers in 2022

In 2022, Arc8 had a highly successful year, regularly releasing updates, launching player-focused games, and entering into significant partnerships. Let\’s take a closer look at the impressive figures and milestones achieved by this mobile gaming platform.

In 2022, Arc8 achieved several impressive milestones, including:

  • 100 million gameplays
  • 650,000 new players
  • 13 million GMEE rewards distributed to players
  • 1.3 million GMEE spent on G-Bot enhancements
  • 2.96 million total hours spent by gamers

These numbers showcase the strong growth and popularity of the platform among players.

Arc8 had an outstanding year, as reflected in the following statistics:

  • The top 3 games on the platform – Pirate Solitaire, Solitaire Star, and Wizards 21 – had 23.8 million, 10.2 million, and 6.2 million gameplays, respectively.

These numbers demonstrate the popularity of these games among players and the overall success of Arc8.

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Arc8 Games

Other than $GMEE, crypto tokens were awarded to its players

In the second half of 2022, Arc8 sponsored events that offered players the opportunity to earn tokens in addition to $GMEE. As a result, the platform entered into a major partnership with QUIDD, which supplied a total of $30,000 in tokens. Some of the tokens that Arc8 rewarded to players include:

  • TOWER
  • QUICK
  • REVV
  • SAND
  • SPORT
  • MATIC
  • QUIDD
  • TCP
  • MSU
  • ICE

New Arc8 Games in 2022

Arc8 has achieved great success thanks to its high-quality blockchain games and engaging gameplay. Some of the top games and newest releases of 2022 include:

  • Energy Wars: A visually striking puzzle game exclusively for G-Bot owners
  • Dark Lords: A spaceship battle shooter game also available for G-Bot owners
  • Hoop Shoot: A high-speed basketball dunking challenge game
  • Qube 2048: Arc8\’s most popular action game
  • Cool Cats Combinations: A puzzle game on a Hexa board featuring cool cat characters
  • Run!: A thrilling runner game with hidden loot and surprise challenges
  • Karate Kido: A fast-paced reaction game where players chop poles and need to stay on their toes.

Arc8’s G-Bot Metaverse

In 2022, the G-Bot metaverse continued to thrive and expand, offering new features, designs, and ways for players to earn. These included 1v1 competitions, rarity-based tournaments, G-Bot staking events, and 24-hour Master tournaments. The G-Bot design contest also encouraged players to get creative and design their own limited edition G-Bots. In terms of new utilities, the G-Bot metaverse introduced upgrading, breeding, evolving, and Omega Particles to enhance players\’ G-Bots. Overall, the G-Bot metaverse has evolved into a thriving and dynamic virtual world with many opportunities for players to engage and earn.

Arc8 Continues to Evolve

Arc8 has consistently introduced new seasons with fresh games, tournaments, updates, and partners, as well as increased prize pools to accommodate the growing player base. The platform has also implemented group matches and rapid tournaments, which have proven to be popular time-saving options. Each new season brings unique tournaments with exciting rewards and partner tokens, keeping things fresh and exciting for players. Overall, Arc8 has continued to evolve and innovate, offering an engaging and rewarding experience for players.

Arc8 did pretty well in 2022 and will continue to do so in 2023. More and more game developers and investors are coming into the blockchain gaming domain. We also see the top battle royale genre game PUBG integrating NFTs; the alpha if open for PUBG Web 3.0 version. You can also read our article about blockchain adoption 2023. Lastly, check our YouTube channel for lots of video game reviews. Do subscribe!

Arc8 performs exceptionally well in 2022

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Today, we\’ll be exploring the continued success of Arc8, a popular mobile blockchain gaming platform that allows players to earn crypto $GMEE through gameplay. Despite the fluctuating trends in the crypto market, Arc8 has managed to maintain its relevance and earn a rating of 4.9 on the Play Store. In this article, we\’ll delve into the specific strategies and features that contributed to Arc8\’s impressive performance in 2022 and how other blockchain gaming platforms can learn from its example.

Arc8\’s Commendable Run Continues in 2022

Arc8 is a mobile gaming platform that puts the needs and enjoyment of players first. Its games are designed to be challenging and require real skill, not just luck, to win. In addition to providing a thrilling and immersive experience, Arc8 also rewards players with $GMEE cryptocurrency for their achievements. The platform offers a wide range of casual and indie games, as well as events and tournaments for players to compete against one another. With over 40 million users worldwide and billions of gameplays under its belt, Arc8\’s parent company GAMEE has established itself as a leader in the play-and-earn gaming industry.

Arc8 Stats and Numbers in 2022

In 2022, Arc8 had a highly successful year, regularly releasing updates, launching player-focused games, and entering into significant partnerships. Let\’s take a closer look at the impressive figures and milestones achieved by this mobile gaming platform.

In 2022, Arc8 achieved several impressive milestones, including:

  • 100 million gameplays
  • 650,000 new players
  • 13 million GMEE rewards distributed to players
  • 1.3 million GMEE spent on G-Bot enhancements
  • 2.96 million total hours spent by gamers

These numbers showcase the strong growth and popularity of the platform among players.

Arc8 had an outstanding year, as reflected in the following statistics:

  • The top 3 games on the platform – Pirate Solitaire, Solitaire Star, and Wizards 21 – had 23.8 million, 10.2 million, and 6.2 million gameplays, respectively.

These numbers demonstrate the popularity of these games among players and the overall success of Arc8.

\"arc8,
Arc8 Games

Other than $GMEE, crypto tokens were awarded to its players

In the second half of 2022, Arc8 sponsored events that offered players the opportunity to earn tokens in addition to $GMEE. As a result, the platform entered into a major partnership with QUIDD, which supplied a total of $30,000 in tokens. Some of the tokens that Arc8 rewarded to players include:

  • TOWER
  • QUICK
  • REVV
  • SAND
  • SPORT
  • MATIC
  • QUIDD
  • TCP
  • MSU
  • ICE

New Arc8 Games in 2022

Arc8 has achieved great success thanks to its high-quality blockchain games and engaging gameplay. Some of the top games and newest releases of 2022 include:

  • Energy Wars: A visually striking puzzle game exclusively for G-Bot owners
  • Dark Lords: A spaceship battle shooter game also available for G-Bot owners
  • Hoop Shoot: A high-speed basketball dunking challenge game
  • Qube 2048: Arc8\’s most popular action game
  • Cool Cats Combinations: A puzzle game on a Hexa board featuring cool cat characters
  • Run!: A thrilling runner game with hidden loot and surprise challenges
  • Karate Kido: A fast-paced reaction game where players chop poles and need to stay on their toes.

Arc8’s G-Bot Metaverse

In 2022, the G-Bot metaverse continued to thrive and expand, offering new features, designs, and ways for players to earn. These included 1v1 competitions, rarity-based tournaments, G-Bot staking events, and 24-hour Master tournaments. The G-Bot design contest also encouraged players to get creative and design their own limited edition G-Bots. In terms of new utilities, the G-Bot metaverse introduced upgrading, breeding, evolving, and Omega Particles to enhance players\’ G-Bots. Overall, the G-Bot metaverse has evolved into a thriving and dynamic virtual world with many opportunities for players to engage and earn.

Arc8 Continues to Evolve

Arc8 has consistently introduced new seasons with fresh games, tournaments, updates, and partners, as well as increased prize pools to accommodate the growing player base. The platform has also implemented group matches and rapid tournaments, which have proven to be popular time-saving options. Each new season brings unique tournaments with exciting rewards and partner tokens, keeping things fresh and exciting for players. Overall, Arc8 has continued to evolve and innovate, offering an engaging and rewarding experience for players.

Arc8 did pretty well in 2022 and will continue to do so in 2023. More and more game developers and investors are coming into the blockchain gaming domain. We also see the top battle royale genre game PUBG integrating NFTs; the alpha if open for PUBG Web 3.0 version. You can also read our article about blockchain adoption 2023. Lastly, check our YouTube channel for lots of video game reviews. Do subscribe!

Performance of the blockchain gaming industry in 2022

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With 2022 coming to a close, we see how the blockchain gaming, and Gamefi, industry has performed throughout the year. Today’s video gaming news is the first in a year-end series where we will see how the blockchain gaming industry saw ups and downs in several of its domains. Today, we will start with the blockchain gaming industry and its plan to go mainstream and become a household thing. Did this really happen? If not, where does the blockchain gaming industry stand? We\’ll also look at how gamers around the world have taken to the idea and see if there are signs of widespread use by 2022. So, let’s start, shall we?

Gamefi and Blockchain Games: A New Phenomenon

Gamefi, the blockchain gaming industry, or Web 3.0 gaming, is an industry where players can earn digital assets and cryptocurrencies with real-world value attached to them. Gamefi is a fairly new idea in the entertainment business. Its goal is to replace or at least compete with traditional games. To be fair, there isn’t any comparison, as the traditional gaming industry is astronomical in magnitude and the blockchain gaming industry is only four years old, making it a toddler. So, there’s a long way to go for Gamefi in terms of mass adoption and blockchain games going mainstream.

According to a recent report, the Q3 2022 of blockchain games:

  • Despite macroeconomic factors, the gamefi industry shows promise and the potential to recover. The global macroeconomic challenges have had a significant impact on the Gamefi domain. 
  • The trading volume and activity in blockchain games are still small when compared to the traditional gaming industry.
  • Blockchain activity on other platforms outside Ethereum has considerably increased.

Ethereum Merge, Cryptocurrency Recovery

We also saw Ethereum Merge become successful in many ways. It also played a part in taking ETH out of declining equity markets. Moreover, ETH and Bitcoin both recovered, which is a positive sign for blockchain games. As blockchain activity increased, other blockchain platforms seized a sizable market share. These platforms include Immutable X, Polygon, and Flow. Also, AAA-level games with good developers are coming out soon in the Web 3.0 gaming space. So, we expect to see fun and engaging Web 3.0 games in 2023.

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Performance of the blockchain gaming industry in 2022

So, how did mass adoption go for blockchain gaming in 2022?

First and foremost, we have distinct active wallets, which are a critical component in assessing the mass adoption of blockchain games. As shared by WEForum, the unique active wallet count surpassed the one million mark in Q2 and Q3 of 2022. It is not clear if these wallets have unique users behind them because a user may have multiple wallets. Moreover, UAWs also do not denote the number of active users a game has. However, one thing is for sure: blockchain games have found themselves a steady community and a solid foundation to depend upon. It also shows that NFT and blockchain games will continue to develop in the coming years.

How did NFTs perform in 2022?

The year 2022 didn’t bode well for NFTs, as the bearish trend continued throughout the year. The transaction volumes saw a massive drawdown, resulting in the speculation phenomenon fading away. However, the sale of NFTs on blockchain platforms other than Ethereum has seen a steady and considerable rise. The gradual increase of NFT sales on other blockchain platforms is evident since the start of 2022 and has continued quarter to quarter all year. However, the overall trend shows that NFT speculation is nearing its bottom.

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NFT – Bored Ape

Status of new blockchain games in 2022

A report by DappRadar suggests that a total of almost 2,000 games are using blockchain technology. So, it is still fairly early for blockchain games. When we compare the total number of other games on the App Store and Google Play, we know that blockchain games have a long way to go. Moreover, the development phase behind a single game takes years and depends on infrastructure, development tools, distribution channels, and more. As a result, expecting all-out growth in blockchain games and rapid mass adoption will take some time. However, you will see fun and engaging games making their way to the Web 3.0 gaming space starting next year. So, there’s only one way forward from here for blockchain games.

Check Out More on PlayToEarnGames

Stay tuned with us for more gaming news, updates, and reviews on blockchain games. And do check out our weekly news edition on Web 3.0 games here, if you haven\’t already. If you want to watch our videos, then check out our YouTube channel. If you like P2E games, then here is our game list.